Japanese firms have decided to drop their plans to get involved in a high-speed rail project connecting Kuala Lumpur and Singapore, government and company sources said on Thursday.

Malaysia’s residential property market improved in the first nine months of 2023, with both transaction volume and value registering a year-on-year growth of 1.3% and 3.5% respectively, according to Knight Frank Malaysia.

UEM Sunrise Bhd unveiled an enhanced version of its virtual concierge app named hUb prop at Kiara Bay Sales Gallery, Kepong here on Thursday.

Economy minister Rafizi Ramli has signed a memorandum of understanding (MOU) with Singapore’s minister of trade and industry Gan Kim Yong to formalise the cooperation of both countries on the Johor-Singapore Special Economic Zone (JS-SEZ).

Leader Steel Holdings Bhd’s shares opened 11.5% higher on Thursdays morning, following news that it had accepted a notice of award and offer for compensation from the Klang Land Office, invoking a compulsory acquisition for a RM42.56 million piece of land in Klang, Selangor.

Finology Group Sdn Bhd (Finology) recently entered into a collaboration with IFCA MSC Bhd (IFCA), creators of the PropertyX ERP (Enterprise Resource Planning) system.

AmBank (M) Bhd has filed a petition to wind up Ireka Corp Bhd as the property developer defaulted in debt payment of RM4.34 million on Dec 12, 2023.

Nestcon Bhd has clinched RM108 million worth of construction works from property developer Exsim Avenue Sdn Bhd for a mixed commercial development project.

Ivory Properties Group Bhd signed an agreement on Wednesday to proceed with its disposal of a 1.22-acre (0.49-hectare) freehold land in George Town, Penang to Chin Hin Group Property Bhd for RM40 million.

This year's real estate market is not just changing; but it is also evolving, according to CBRE|WTW group managing director Tan Ka Leong.